Is 32217, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32217 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 32217 was a Seller's Market.

Key Takeaway

32217 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 32217, FL

How much do homes in 32217, FL cost?

Median Sold Price

$325,544

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,544(+6.7%)

Key Takeaway

Homes in 32217 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 32217 was $325,544 in October 2024, up 6.7% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $123.8K$117K
-5.5%
2 $180K$160K
-11.1%
3 $315K$323K
+2.5%
4 $372.5K$470K
+26.2%
5+ $960K$637.5K
-33.6%

Summary: 32217 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Zip Codes

32216
+7.3%
32217
+6.7%
32207
+6.2%
32257
+1.2%

Housing Supply in 32217, FL

How many homes are available in 32217, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
121139+14.9%

Summary: The 32217 real estate market had 139 homes for sale in October 2024, a 14.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 3035
+16.7%
3 5061
+22.0%
4 3234
+6.3%
5+ 55
0.0%

Summary: The 32217 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1422+57.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32217, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 32217 in October 2024, up by 57.1% month-over-month. Of the 22 sold homes, 64% were sold under asking, 23% were sold at asking, and 14% were sold over asking.

Days on Market for 32217, FL

How long does it take to sell a home in 32217, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days57 Days+5.9%

Summary: Homes in 32217 had an average of 57 days on market in Oct 2024, up by 5.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32217 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 32217; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 32217, FL

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